Commercial Bank of Dubai gives price guidance for $500 mln green bonds
DUBAI, June 7 (Reuters) -Commercial Bank of Dubai CBD.DU is expected to raise $500 million through a debut sale of green bonds, for which initial price guidance was around 175 basis points over U.S. Treasuries, a bank document showed on Wednesday.
The five-year bonds are expected to price later on Wednesday, the document on the debt sale from one of the arranging banks showed.
Reporting by Yousef Saba; editing by Jason Neely
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